Bank passbook / statements not books of account of assessee and hence no addition can be made u/s 68 of…
Income Tax to share information with Scheduled Commercial Banks MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.…
Last date for filing GSTR-4 for FY 2019-20 extended to 31st October 2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF…
Relaxation in processing of documents of FPIs not to apply to entities from jurisdictions where lockdown has already been lifted…
Relaxation in Credit rating for default due to restructuring of debt due to COVID-19 related stress extended to 31.12.2020 SECURITIES…
No concealment when all information available for determining income given voluntarily by assessee either in return or at the time…
Whether an expenditure is capital or revenue squarely fall within the ambit of a debatable issue. Penalty u/s 271(1)(c) deleted…
Depreciation allowable even if asset not used during the year when it formed part of block of assets ABACUS Case…
Reassessment completed without serving notice u/s 143(2) invalid. Issue and service of notice are jurisdictional requirements ABACUS Case Law CitationABCAUS…
CBDT asks banks to refund charges collected on or after 01.01.2020 on transactions done using electronic modes prescribed u/s 269SU…